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The Crypto Wealth Report 2024 by Henley & Partners has revealed astounding numbers in the digital asset space. The report shows a staggering 95% increase in the number of individuals holding over $1 million in digital assets, totaling 172,300. Furthermore, the total value of the crypto market has climbed to $2.3 trillion, marking an 89%
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The recent outflows of $305 million in digital asset investment products have been attributed to stronger-than-expected economic data from the United States. This unexpected data has significantly decreased the likelihood of a 50-basis point interest rate reduction by the Federal Reserve. As a result, CoinShares predicts that the asset class will become increasingly sensitive to
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Yuga Labs, known for the Bored Ape Yacht Club, has recently announced the launch of a new division called “The Workshop.” This strategic move, led by CEO Greg Solano, aims to foster a culture of rapid iteration and innovation within the company. Solano envisions The Workshop as a team of “no fat, just doers” focused
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Cardano has recently completed its Chang upgrade, symbolizing a shift towards a decentralized governance system where ADA holders can now actively participate in determining the network’s future course of action. This transformation marks a significant milestone in the evolution of Cardano and opens up new possibilities for the community. The Chang upgrade brings about several
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Semilore Faleti is a cryptocurrency writer who has delved deep into the world of journalism and content creation. He initially started writing on various subjects but eventually discovered his passion for understanding the complexities of blockchains and cryptocurrency. His focus on the efficiency of digital assets in terms of storing and transferring value has led
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